Support Board
Date/Time: Sat, 23 Nov 2024 17:53:31 +0000
Stop and Reverse Trade - Chart Trading
View Count: 124
| [2024-08-03 18:24:04] |
| User290496 - Posts: 62 |
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Hi, Is it possible to set a Stop order on the chart- that if hit- would execute an order in the reverse direction as well- using the currently selected Attached Order logic? E.g. Trade you enter goes against you- hitting your safety stop to close out the current trade- which then executes a trade in the opposite direction. I could not find anything definitive on this subject. Cheers |
| [2024-08-03 18:49:02] |
| Sierra_Chart Engineering - Posts: 17150 |
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No, you need to enter another order, at the same level as the stop order. Or you could use this order type: Order Types: Triggered Limit This way, you do not exactly enter the market at the point where the stop is triggered but wait for retrace before entering. This would probably make more sense. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2024-08-03 18:49:19
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